Rs 7,197 crore order book: Navratna PSU Stock bags order worth Rs 57,48,88,000 from Bihar State Educational Infrastructure Development Corporation Ltd

DSIJ Intelligence-1 / 17 Sep 2025/ Categories: Mindshare, Trending

Rs 7,197 crore order book: Navratna PSU Stock bags order worth Rs 57,48,88,000 from Bihar State Educational Infrastructure Development Corporation Ltd

The stock is up by 55.7 per cent from its 52-week low of Rs 265.30 per share and has given multibagger returns of 285 per cent in 3 years.

RailTel Corporation of India Ltd. has been awarded a Letter of Acceptance from the Bihar State Educational Infrastructure Development Corporation Limited for a domestic project valued at approximately Rs 57,48,88,000. The contract involves the development of hybrid Smart Classrooms and ICT Labs at various colleges and universities in Bihar under the PM-USHA Scheme. The project is a supply order with an estimated completion date of March 16, 2026. This initiative aims to enhance the educational infrastructure in the region by providing modern technological facilities.

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About the Company

Established in 2000, RailTel Corporation of India Ltd (RCIL) is a "Navratna" public sector enterprise under the Indian government, offering diverse telecom services including broadband, VPN, and data centres. With its extensive network spanning over 6,000 stations and 61,000+ km of fibre optic cables, RailTel reaches 70 per cent of India's population. This achievement has led to the prestigious "Navratna" status conferred by the Department of Public Enterprises, Ministry of Finance. This recognition underscores RailTel's substantial contributions to the Indian economy and its position as a leading force in telecommunications and information technology. The "Navratna" status empowers RailTel with greater autonomy, financial flexibility, and the capacity for larger investments, propelling it towards innovation and sustained growth.

The company has a market cap of over Rs 12,000 crore. As of June 30, 2025, the company’s order book stands at Rs 7,197 crore. The stock is up by 55.7 per cent from its 52-week low of Rs 265.30 per share and has given multibagger returns of 285 per cent in 3 years.

Disclaimer: The article is for informational purposes only and not investment advice.